Recent News

SAN DIEG0, Feb. 8, 2013 – ClearBalance®, the healthcare industry’s leader in providing patient-friendly bank loans, announced today that during fiscal year 2012 the company’s portfolio of patient accounts had grown at an annual rate of more than 46 percent.
Bolstered by the addition of several new, multihospital clients — including more than 67 hospitals and/or ...

SAN DIEGO, June 18, 2013 — ClearBalance® announced today that it has exceeded more than 3.3 million patient accounts serviced, as the company fortifies its market position as the leading national provider of patient-friendly, interest-free loans.
ClearBalance Chief Executive Officer Mitch Patridge said the increase in patients covered by high-deductible health plans is having a two-fold ...

SAN DIEGO, May 10, 2013 — ClearBalance®, one of the country’s fastest-growing providers of patient-friendly loans, announced today that, during the first quarter of 2013, its volume of loan originations grew by 18 percent compared to the first quarter of 2012.
In the first quarter of 2013, the ClearBalance patient-friendly loan program was implemented at new ...

SAN DIEGO, May 1, 2013 — Healthcare industry executive Craig Webster has been appointed chief information officer of ClearBalance, the healthcare industry’s fastest-growing provider of patient-friendly loans.
During his career, Webster has accumulated an impressive blend of IT and revenue cycle experience, having previously served in a variety of senior-level positions at MedAssets and at XactiMed.
“Craig’s ...

HADDAM, Conn., April 22, 2013 — More Americans are finding themselves covered by high-deductible health plans, creating an out-of-pocket balance at the time of care that they cannot afford. This trend is leading many healthcare providers to seek solutions that increase net recovery for balance-after-insurance accounts, while still striving to improve the patient experience.
In fact, ...

NEW YORK , December 19, 2012 – Angelo, Gordon & Co. (“Angelo Gordon”) announced today that the firm’s Private Equity Group has partnered with management to purchase ClearBalance Holdings. The investment will help expand the company’s ClearBalance® patient-friendly loan program which provides healthcare patients with interest-free loans to pay their healthcare bills in manageable monthly installments.
ClearBalance ...

SAN DIEGO, Oct. 16, 2012 — CSI Financial Services (CSI), the healthcare industry’s leader in providing patient-friendly bank loans marketed under the ClearBalance® brand, announced today that during the third quarter of 2012 the company’s portfolio of patient accounts had grown at an annualized rate of more than 38 percent.
CSI’s third quarter results were strengthened by ...

SAN DIEGO, July 16, 2012 — CSI Financial Services (CSI), the healthcare industry’s leader in providing patient-friendly bank loans marketed under the ClearBalance® brand, announced today that during the second quarter of 2012 the company’s portfolio of patient accounts had grown at an annualized rate of more than 33 percent, reaching a new all-time high.
CSI’s ...

SAN DIEGO, May 10, 2012 — CSI Financial Services announced that its ClearBalance® patient-friendly loan program will be utilized at three additional Florida Hospital locations. The ClearBalance program provides patients with an affordable option to pay their out-of-pocket hospital expenses.
Florida Hospital, a partner of ClearBalance since 2007, has enjoyed success with the ClearBalance loan program, leading ...

SAN DIEGO, May 1, 2012 — CSI Financial Services (CSI), the healthcare industry’s leader in providing patient-friendly bank loans marketed under the ClearBalance® brand, announced today that during the first quarter of 2012 the company’s portfolio of patient accounts had grown at an annualized rate of more than 20 percent, reaching a new all-time high.
CSI’s results ...